MUMBAI: Ghatkopar, Vikhroli, Bhandup and Mulund are situated along the central line in Mumbai. These localities have emerged as attractive destinations for buyers looking for areas that are close to the nerve centres of the metropolis.

With a slew of residential projects, these areas are poised to become prominent residential hubs. Mulund west is witnessing tremendous growth in terms of upcoming and near-completion projects. Whispering Towers by HDIL offers 2 and 3-BHK units in the range of Rs 1.36-2.06 crore; Omega by Nirmal Builders offers 1 and 2-BHK residential houses at Rs 80 lakh onwards. Sports City by Nirmal Group offers 2 and 3-BHK multi-storey apartments priced at Rs 1.40 crore onwards. According to Manju Yagnik, vicechairperson, Nahar Group, “Although Mulund is almost at par with Powai in terms of infrastructure and prices, there are still some properties which are available within the affordable price range.”

Commenting on Bhandup, Subhankar Mitra, head-strategic consulting (west), Jones Lang LaSalle India, observes, “Bhandup has emerged as an important residential hub. Earlier, there were limited properties available in this location and the prices were very attractive, with sales limited to resale properties and projects by smaller builders.” If you are searching for houses in Bhandup, you can check out Beauty Landmark with 1 and 2-BHK apartments ranging between Rs 35-50 lakh and Beauty Heights by Sankalp Builders offering 1-BHK units from Rs 40 lakh.

PUNE: The Mundhwa-Keshav Nagar stretch is among the many areas in east Pune, which has caught the attention of real estate developers. This less-than-a-kilometre stretch is a fast-developing location, as it offers a convenient drive to the city’s central business district, Camp and the Pune railway station. Easy accessibility has led to the coming up of new projects at different stages of construction and completion.

MUMBAI: A couple of years ago, when Vaibhav Chapke, a 38-year old IT professional, was looking to buy a house, he zeroed in on one at Kandivli, Mumbai. "The property agent had shown me a few houses, but I liked this one because it was in an ideal location, was well-maintained and, more importantly, fit my budget." However, Chapke became suspicious and reluctant when the owner said he preferred the entire sale proceeds in cash, at one go. He decided to research and roped in a lawyer to help him o

MUMBAI: Betting big on the increasing demand for affordable housing, realty firm Poddar Developers expects to double its revenues to Rs 500 crore over the next three years, a top company official has said.

PUNE: Over the last decade, people’s lifestyles have evolved into an important and often decisive factor in the Indian real estate industry. With the increasing presence of the IT/ITeS sector in many cities of the country, a large segment of Indian home buyers have entered a higher level of affordability and therefore, tastes in homes. This has led to a greater emphasis on larger sizes, evolved ambience and interior décor in the choice of properties.

MUMBAI: Mumbai has a deeply ingrained work culture, of a magnitude that other mega-cities like Manhattan and Tokyo have. Its citizens tend to attribute ultimate location values to homes that are within reasonable commuting distance from their work places. In this island city, a home close to the CBD or SBD is a premium offering in the residential real Estate market. In fact, the prices get more out of reach as one closes in on the central areas of the city. It doesn’t necessarily have anything t

MUMBAI: After receiving complaints on discrepancies in the ready reckoner rates in Mumbai and other parts of the state, the government on Wednesday said it would review the system to determine real estate prices, and also introduce an option of revising them after they are published.

MUMBAI: Even though the Real Estate (Regulation and Development) Bill is expected to bring in transparency, it also brings with it challenges like timely project clearance which need to be addressed first, consultancy firm Jone Lang LaSalle has said.